Today we will analyze the stock AMALGAMATED EXPLR IN (AXPL.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in AMALGAMATED EXPLR IN (AXPL.PK)
1- Last bearish trend was from 0.10 $ (9/9/2008) to 0.02 $ (2/9/2009) a 0.08 $ move 2- The current bullish trend started from 0.02 $ at 2/9/2009 and is currently trading at 0.03 $.
3- AXPL.PK current support level is at 0.02 which is the 0.00 % fibonacci retracement of the last 0.08 $ move.
4- AXPL.PK current resistance level is at 0.04 which is the 23.60 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
AMALGAMATED EXPLR IN (AXPL.PK) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.100 and 0.150 that was broken up at 0.030 transforming into a supporting line.
AMALGAMATED EXPLR IN (AXPL.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.100 and 0.150 that was broken up at 0.030 transforming into a supporting line.
AMALGAMATED EXPLR IN (AXPL.PK) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.100 and 0.150 that was broken up at 0.030 transforming into a supporting line.

Stock Trading Conclusion:
AMALGAMATED EXPLR IN (AXPL.PK) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.039, 0.051, 0.060, 0.069, 0.100, 0.122, 0.149.
Stock Support levels : 0.028, 0.026, 0.025, 0.024, 0.020, -0.036,.